Crypto Billionaire Changpeng Zhao's Purchase Of Token Sends It Soaring By 12%: Binance Founder Says He Buys And Holds, Doesn't Trade
Changpeng Zhao's recent purchase of 2 million ASTER tokens boosted its price by nearly 20%, reflecting strong market confidence in the hybrid decentralized exchange platform.
- Binance founder Changpeng Zhao purchased approximately 2,000,000 ASTER tokens, sparking market activity as ASTER's price climbed nearly 20%, linked to the buy.
- ASTER relaunched as a rebranded derivative platform in September 2025, merging older tokens like APX and offering hybrid decentralized exchange features including perpetuals and high leverage.
- On-Chain records show the ASTER wallet accumulated large sums of USDT and became one of the largest on BNB Chain, with an 8 billion max supply and over half allocated to community incentives.
- Market watchers say the rally reflects speculative demand and carries downside risk as CZ called the launch a `strong start`, while analysts warn high supply and competition threaten retreat.
- Investors saw the buy as a confidence signal from CZ, and the relaunch plus wallet accumulation position ASTER as a notable participant on BNB Chain with wider market potential.
21 Articles
21 Articles
Aster Jumps 30% After CZ Discloses $2.5 Million Holdings
Aster surged 30% Sunday after Binance co-founder Changpeng Zhao disclosed holding over $2.5 million in the token. It spiked from $0.91 to $1.26 before settling at $1.22. CZ posted a wallet screenshot on X, stating he purchased Aster with personal funds on Binance and prefers buying and holding over trading. The announcement sparked a trading volume explosion from $224 million to $2 billion within 24 hours, according to DefiLlama. Market capitali…
Crypto Billionaire Changpeng Zhao's Purchase Of Token Sends It Soaring By 12%: Binance Founder Says He Buys And Holds, Doesn't Trade
Decentralized exchange token Aster (ASTER) rallied sharply Sunday after Binance founder Changpeng "CZ" Zhao disclosed that he bought some using his own money. ‘Exciting' Unlock For Square Sellers CZ took to X to give a "full disclosure" about his ASTER investments. "I just bought some Aster today, using my own money, on Binance," the former Binance CEO said. "I am not a trader. I buy and hold." Full disclosure. I just bought some ...Full story…
Binance Founder CZ Admits to Buying ASTER, Says He ‘Buys and Holds’
This week, Changpeng Zhao — better known as CZ — casually dropped that he grabbed some aster (ASTER) on Sunday, reminding everyone he’s not in it for the quick flips. He’s the “buy and hold” type. CZ Revisits His BNB Roots, Adds ASTER to His Personal Holdings When CZ talks, crypto listens. The former Binance […]
CZ Doubles-Down on Aster: Will $2M CZ Crypto Bid Fuel $2 ASTER Price in November?
Binance founder Changpeng ‘CZ’ Zhao created a stir in the market over the weekend after revealing he had made a personal investment in the ASTER crypto token, which led to a sharp market rally for the struggling asset. CZ took to X to publicly disclose that he had purchased 2,090,598.14 ASTER tokens, worth approximately $2 million, at an average price of $0.91 per token. He stated, “I bought some ASTER on Binance today with my own money. I’m not…
Falling at $0.90, the price of the Aster cryptocurrency received unexpected support from Changpeng Zhao "CZ", co-founder of the CZ, who was the first to... The article In announcing that he bought ASTER chips, Changpeng "CZ" Zhao, co-founder of Binance, made the price of the altcoin jump first appeared on TipsCrypto.com.
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